The housing market in Preston, NY is quite prosperous. The median value of a home in this area is $141,000, which is significantly lower than the national median of $338,100. Despite this difference, the appreciation rate for homes in Preston has been increasing steadily at 8.92%, which is slightly higher than the national average of 8.27%. This suggests that the housing market in Preston is strong and continuing to be a desirable place to invest in real estate.
The median home cost in Preston is $141,000. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Preston is up 14.8%.
Average Age of Homes
- The median age of Preston real estate is 38 years old
The Rental Market in Preston
- Renters make up 9.2% of the Preston population
- 0.0% of houses and apartments in Preston, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.